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6 Reasons Why You Should Buy Real Estate in January

By
Real Estate Agent with Nesbitt Realty at Condo Alexandria 0225-089134

January and New Year’s Day give you the perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses.

1. Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm weather to buy real estate. Get the edge with little competition from other buyers.

2. Home sellers who didn’t sell during the recent buying frenzy are worried that their home will not sell. Any seller offering their home for sale during the holiday season is motivated.

3. Real estate agents need to keep their momentum going and can’t afford to take too much time off. When the agents aren’t as busy, you get better service. Plus, they’re more likely to take low offers seriously. Agents love investors ready to buy real estate during January.

4. Interest rates continue to creep up. Who knows what the rates will rise to next year?

5. Lenders threaten to tighten up qualifications next year. Last summer, loan officers were able to get through almost any loan. Today is your best shot to buy real estate and get a great rate with the easiest qualifications.

6. Appraisers need work. Too many individuals became real estate appraisers when there was too much work. It used to take a week or more to schedule an appraisal. We just ordered an appraisal and the appraiser wanted to come out the same afternoon! Also, appraisal fees cost less today than last month.

Clear some time from your busy holiday schedule and go find a bargain house. Make many offers. You won’t get this break for another year.

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Comments (1)

Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

No matter what season it is, call Will Nesbitt for your Alexandria real estate needs.

Feb 24, 2017 04:51 AM